Find articles

Bernstein and Deutsche Bank raised their price targets on SpaceX.

SpaceX announced a $40 billion bond issuance deal to buy graphical processing units for AI, with the first chips expected to ship in 1H of 2027.

The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.

When SpaceX issued its first corporate bonds, it paid 6.65% for the most expensive piece. The most expensive slice of the $40 billion of private credit borrowing it’s finalized in recent days will cost as much as 8.75%.

SpaceX closed $40 billion in debt financing for GPU purchases as Elon Musk warns AI debt markets have shut off access for most companies.

Elon Musk said in an X post that SpaceX has closed $40 billion in debt financing to purchase GPUs.

PhillipCapital moved its rating on the Elon Musk giant to buy from sell, with the bullishness stemming from the company's AI business.

Musk is trying to raise money to fund a massive expansion in chips, data centers.

The tech-heavy Nasdaq led Wall Street to a higher close Wednesday after quarterly results from SpaceX and Super Micro Computer improved investor appetite for artificial intelligence-related stocks, weakness in communications services stocks capped gains.

Tesla and SpaceX CEO Elon Musk is encouraging shareholders to consider a merger of his two companies, saying that consolidating the two trillion-dollar businesses would be beneficial as they move into the future of artificial intelligence. “I do think there’s a lot of merit to combining companies as we are pretty much in the superintelligence […]

Futures tied to the tech-heavy Nasdaq led gains Wednesday as quarterly results from SpaceX and Super Micro Computer revived the AI trade, while Netflix slipped after its forecast failed to impress investors.

Tech stocks are up after the rocket and artificial intelligence company beat earnings estimates — and Elon Musk confirmed it is weighing a deal with Tesla.

A deal would consolidate Elon Musk’s holdings in rockets, cars and artificial intelligence into a company worth well over $3 trillion.

SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications and artificial intelligence businesses boomed.

SpaceX and Tesla have formed special committees to discuss a potential merger — and Elon Musk thinks "it's a good idea," the CEO of both companies said Tuesday. Why it matters: SpaceX and Tesla have increasingly been collaborating on chips and AI projects — and Musk leads both companies — prompting widespread speculation that they could join forces. Driving the news: Musk said on SpaceX's earnings call that the two companies have formed committees of independent directors to explore the possibility of a deal. "Because I'm a conflicted party, I can't actually be in the discussions," he said, but he added that "I think it would be a good idea." Zoom in: Musk said "there's a lot to be gained" from cooperation on technologies like AI, chips, robotics and connectivity. But he said a deal is not certain. "I think that would be overstating it," he said, noting that 50% of Tesla shareholders would need to approve the deal, which he called a high hurdle. What they're saying: Tech analyst Gene Munster of Deepwater Asset Management said he believes there's a 95% chance a deal will take place in the next two years. "Believe me, shareholders would support this," Munster said Tuesday on X after Musk made his comments. Of note: Any combination would be massive: SpaceX has a market cap of more than $2 trillion, while Tesla's is nearly $1.5 trillion. Tesla reports its quarterly results on Wednesday. Editor's note: This story has been updated with additional details.

Elon Musk’s company reports a 161% growth in revenue year over year driven by its Starlink and AI segments SpaceX released its second-ever public earnings report on Tuesday, revealing a far better quarter than Wall Street projected. Elon Musk’s company, which encompasses rockets, artificial intelligence and satellite communications, reported a 161% growth in revenue year over year, driven by its Starlink and AI segments. The company declared $14.58bn in revenue against analysts’ projected $12.72bn. SpaceX reported earnings per share of 35 cents and a net income of $4.4bn. The company’s stock, which started the day down around 8% for the year, shot up 2% in after hours trading immediately after the results. Continue reading...

The aerospace and AI company posted $14.6 billion in revenue, up 161% year-over-year.

Follow SpaceX’s Q3 2026 earnings live, with updates on revenue, Starlink, AI spending, Starship, guidance and SPCX stock.

As SpaceX impacts Ukraine and AI-generated music divides artists and fans, critics are asking what happens when technology has too much control over our lives This was originally published in TechScape, a newsletter about how technology shapes our lives. Sign up to receive it here Hello, and welcome to TechScape. I’m Blake Montgomery, US tech editor at the Guardian, writing to you while sitting in front of Roy Lichtenstein’s monumental Drowning Girl, on view in New York City . Today in tech, we’re discussing the perils of Elon Musk’s one-man global infrastructure, AI-generated music, and a Guardian AI conference in Paris. Continue reading...